Amplats seals three-year, 7% wage deal with AMCU
THE danger of a strike in South Africa's platinum sector all but diminished after Anglo American Platinum (Amplats) signed a new, three-year wage agreement...
Implats to assess $260 Zimplats project in November
IMPALA Platinum (Implats) reported a one fifth leap in production in the September quarter compared to the June quarter and said it would seek...
Eastplats to raise $10m through discounted share offer
THE new owner of Eastern Platinum (Eastplats), Ka An Development Company, is to raise $10.3m in a private placement of the company's shares, according...
Amplats to take R750m pretax hit on Waterval smelter leak
ANGLO American Platinum (Amplats) would take a R750m hit to pretax earnings in its 2016 financial year owing to a leak at its Waterval...
RBPlat to weigh share issue as accelerates R4.75bn Styldrift I
ROYAL Bafokeng Platinum (RBPlat) is to apply the accelerator to its Styldrift I project following an improvement in the rand price of platinum.
This will...
PTM scopes for massive $1bn Waterberg palladium mine
PLATINUM Group Metals (PTM) today unveiled details of its palladium-rich Waterberg PGM project which would create 3,361 jobs and cost just over $1bn to...
Strong car sales “a statistical illusion” for platinum price
PLATINUM shares on the Johannesburg Stock Exchange defied the odds for most of this year; at least, those set down by investment analysts who...
Sibanye joins platinum big league as RPM deal live from Nov...
SIBANYE Gold's bid for the shafts of Rustenburg Platinum Mines (RPM) would be consummated by November 1 following approval of a change in control...
Investors urged to sell platinum shares amid signs of correction
GOLDMAN Sachs has urged investors to sell their platinum shares which are starting to correct amid uninspiring fundamentals for the metal's demand.
"The stocks in...
Dunne not finished as Northam edges to 1m oz/year aspiration
PAUL Dunne, CEO of Northam Platinum, said he saw other opportunities to consolidate platinum mining in the Western Bushveld in South Africa following a...